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    16Th Ave Union Gap, WA 98903

    Sponsored
    For Sale
    $2,052,983

    15.71 Acres, Light Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.71-acre industrial land parcel in Union Gap, WA, presents a compelling investment opportunity. Zoned for wholesale warehousing (light industrial), this fee-simple property boasts city utilities and power readily accessible on-site. The lot is conveniently located on a paved street, easily accommodating truck traffic, and enjoys proximity to the Union Gap airport. A significant advantage is its adjacency to Athanum Road, providing direct access to the Union Gap Beltway (currently under construction), offering seamless connectivity to Interstate I-82 and Highway 97. While a portion of the property falls within the 100-year floodplain, this area is suitable for parking or lay-down yard applications. The property is situated on S. 16th Ave., just north of Kwik Lok Corp., offering excellent visibility and accessibility. The asking price is $2,052,983, translating to $2 per square foot of land value. The property's APN is 181202-42421. Open for offers. This prime location and versatile zoning make this an ideal site for various industrial uses. The property is being sold by the owner.

    Property Features for 0 16Th Ave

    General Information

    Property type
    Land
    Lot Size
    684,328 SF

    HighLights

    • 15.71‑acre industrial land parcel in Union Gap, WA, zoned for light industrial use.
    • Fee‑simple ownership with city utilities and power readily available.
    • Paved street access, accommodating truck traffic, near Union Gap airport.
    • Adjacent to Athanum Road, providing access to the Union Gap Beltway (under construction), I‑82, and Highway 97.
    • Portion in 100‑year floodplain suitable for parking or lay‑down yard.
    • Located on S. 16th Ave., near Kwik Lok Corp., offering high visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Union Gap
    County
    Yakima
    State
    Washington
    Longitude
    -120.52827376147
    Latitude
    46.555826942441

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    FAQs

    What type of property is this?
    Land - 15.71 Acres, Light Industrial Zoning
    Where is this land located?
    The property is located at 16Th Ave Union Gap, WA.
    What is the asking price?
    The asking price for this property is $2,052,983.
    What are key features of this property?
    This property features: 15.71-acre industrial land parcel in Union Gap, WA, zoned for light industrial use.; Fee-simple ownership with city utilities and power readily available.; Paved street access, accommodating truck traffic, near Union Gap airport.
    Request Owner's contact information
    16Th Ave Union Gap, WA 98903
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    Union Gap, WA 98903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16Th Ave Union Gap, WA 98903
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